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rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can
rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday night. >> how is john boehner going to get the votes. he couldn't get the votes for his plan b. >> a week ago we were closer than we have been before. >> do they presume the voters are that dumb? >> they passed it....
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fury erupts over the senate fiscal cliff bill. will the house try to amend that bill? if so, what happens next? this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. happy new year. here in washington, the first day of 2013 is looking a lot like the last day of 2019. what started out with hope and optimism for a deal, devol ofed quickly to uncertainty about the way forward. i'm talking about the fiscal cliff bill. we look like at the fiscal cliff, the house republicans are meeting to chart a way forward. the senate passed legislation with overwhelming support this morning. the fiscal cliff legislation. when it made its way across the capitol to the republican controlled house, g.o.p. lawmakers immediately expressed concern about the lack of spending cuts. with the house majority leader publicly and bluntly stating he does not support the bill and the republicans are still at this time, as you look live behind the doors meeting at this hour, they are planning a vote series at some time. but we don't know when. it may include amending the senate bill a
fury erupts over the senate fiscal cliff bill. will the house try to amend that bill? if so, what happens next? this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. happy new year. here in washington, the first day of 2013 is looking a lot like the last day of 2019. what started out with hope and optimism for a deal, devol ofed quickly to uncertainty about the way forward. i'm talking about the fiscal cliff bill. we look like at the fiscal cliff, the house...
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they it don't know e if they, house members, are going to meet to vote on the fiscal cliff deal. they have yet to decide to meet. however, what they will meet about at least the house caucus at under a 12:00 and 1:00 respectively, they will get together to discuss the potential of getting together for a vote. i'll keep you update on what comes out of that. dana bash is following it for us as well. e she will report to us if they make a decision. >>> other news, though, since the news broke about secretary of state hillary clinton and the blood clot that was discovered in her head, reporters have been scrambling to find out just how dangerous the rare disorder that she has is. i wanted to show you what was in the papers today. it's a picture of chelsea. not sure if a picture says a thousand words, but her family certa certainly rushed to the hospital where she's being treated. that picture really caught that image of what appears to be a distraught chelsea clinton. she was leaving the hospital after the visit with her mom. she tweeted out a message thanking people for their suppor
they it don't know e if they, house members, are going to meet to vote on the fiscal cliff deal. they have yet to decide to meet. however, what they will meet about at least the house caucus at under a 12:00 and 1:00 respectively, they will get together to discuss the potential of getting together for a vote. i'll keep you update on what comes out of that. dana bash is following it for us as well. e she will report to us if they make a decision. >>> other news, though, since the news...
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where the fiscal cliffs scary for housing is the 2007 debt forgiveness act. if they do not extend, people will just foreclose. short sales, even banks get in on the short sales programs because they make more money on short sales. people have better end results when they short sale. if that doesn't happen and they don't come to the conclusion peop will foreclose, because they won't bear the burden of tax situation as you do when you short sale without the debt forgiveness. adam: quickly, if not buying but selling should i sell now? i always heard you don't sell during the holidays. wait near the spring when people buy a house to get theids ready. is that a bad thing or should i put the house on the market? >> holidays are a great time to buy. that is the biggest myth. adam: what about sell? >> you have serious buyers out there. if you're selling you have serious people walking through their house. they may need to get their kids into a certain school district or may needo change jobs before the beginning of the year. seller may sell to avert the tax implicati
where the fiscal cliffs scary for housing is the 2007 debt forgiveness act. if they do not extend, people will just foreclose. short sales, even banks get in on the short sales programs because they make more money on short sales. people have better end results when they short sale. if that doesn't happen and they don't come to the conclusion peop will foreclose, because they won't bear the burden of tax situation as you do when you short sale without the debt forgiveness. adam: quickly, if not...
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ed henry, live at the white house. >> the fiscal cliff is not the only one in town, congress facing a milk cliff. the farm bill is set to expire new year's day. if an extension is not passed farm policies are reverting to laws from 1949 and dairy costs would skyrocket. one option, a s extension that would at least prevent milk prices from rising. >> the looming fiscal crisis is leaving small business owners on the edge, creating uncertainty. anna spoke with business observers about their fear and joins us live in new york. >> hey there, uncertainty of the looming fiscal cliff is causing small business owners for defensive and unable to plan for the future. economists say businesses are postponing purchases like equipment or merchandise until decisions are made. >> the fact is businesses are holding back on their investments. we see this in official government numbers in terms of private sector spending. we also see it in hiring. >> i spoke to arthur cooper, owner of a internet marketing company, who is concerned the change in tax rates will hurt his ability to hire and reward his empl
ed henry, live at the white house. >> the fiscal cliff is not the only one in town, congress facing a milk cliff. the farm bill is set to expire new year's day. if an extension is not passed farm policies are reverting to laws from 1949 and dairy costs would skyrocket. one option, a s extension that would at least prevent milk prices from rising. >> the looming fiscal crisis is leaving small business owners on the edge, creating uncertainty. anna spoke with business observers about...
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president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got from the start of this meeting according to a senior administration official president obama began by offering essentially what he laid out in a speech a week ago which is to keep taxes where they are for families earning less than $250,000 a year and to extend long-term unemployment insurance benefits that is basically just a small slice of what the president had been proposing for quite some time. the administration official also says that the president is putting it on republicans to come up with a counteroffer that they say can pass the house and the senate. if no
president is reportedly giving no new offer on the fiscal cliff. the house minority leader said the meeting moved negotiations forward. so where do we actually stand on all of this? fox business's rich edson is at the white house with more and did they really move this forward and is that a good sign? what do they mean? >> well, adam, they're still assessing the fallout from this meeting, democrats and republicans. leadership returned to the hill right now and basically what we've got...
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fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors st hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the pres
fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly...
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in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optmistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the president said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic that we may still be able to reach an agreement that can pass both houses in time. senator reid and senator mcconnell are working on such an agreement as we speak we want congress taking up that issue now. in the mentime, the war on tracking, lisa jackson announced her plan to quit january 31. leading to questions as to who obama will choose to replace her. taking a more realistic approach. let ask john hiatt meiste >> with us tonight we go to john hiatt meister. we want to focus on tracking. doyou thiink a new epa chief old crackdown on tracking? or will they move ahead wi
in that immediate action is needed to avert falling off the fiscal cliff. he says that he is optmistic for an agreement, but neither republicans or democrats will get 100% of what they want. earlier today, the president met with congressional leaders at the white house. a closed-door meeting, here is what the president said just a short time ago. >> we are going to construct a discussion with senate and house leadership of how to prevent this tax hike on the middle class. i am optimistic...
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fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the pr
fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly...
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reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication between the president, leaders of congress are open. whether those lines are used repeatedly over the next few days to reach a fisca
reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats...
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. >> all eyes on the house of representatives as we await some action on the fiscal cliff deal. we are live with the late-breaking developments as we wait to hear from congressional democrats. and the health crisis facing secretary of state hillary clinton. new details about her condition and how doctors are treating the blood clot that was found near her brain. and a. a young mom facing jail time on child abuse charges, ordered not to get pregnant for the next 13 years. is that legal? our panel weighs in. and a very rare new year's day session for the house. just hours after the senate passed its version of the fiscal cliff bill. >> house democratic leaders speaking now. let's listen in on what they have to say. >> gave us a thoughtful and detailed explanation of what's gone on and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly so frank in his conversation with us in explaining as much a
. >> all eyes on the house of representatives as we await some action on the fiscal cliff deal. we are live with the late-breaking developments as we wait to hear from congressional democrats. and the health crisis facing secretary of state hillary clinton. new details about her condition and how doctors are treating the blood clot that was found near her brain. and a. a young mom facing jail time on child abuse charges, ordered not to get pregnant for the next 13 years. is that legal?...
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the expectation all along through the fiscal cliff negotiations, whatever would pass the house would do so with democratic and republican support. ultimately up to the speaker whether he wants to put it on the floor. >> and the house reconvenes at noon eastern time. a lot going on. watching that all day. thank you very much. >>> let's talk to someone who if the house takes it up, will vote on a fiscal cliff deal previously said he was against letting any bush era tax cuts expire. good morning, sir. happy new year. if you get this bill today, are you going to vote for it? >> well, thank you, glad to be on "early start" this morning. i've got to see, just as the speak every said, we have to read the bill. we have to know what's in the 157 pages and look at it carefully. the speaker will put it on the floor if there is enough republican support for it, but not ready to accept it lock, stock, and barrel. it could be amended, sent back to the senate. it's a little early to commit how i feel about it you mentioned i'm against raising taxes on anybody. and i absolutely am. i think that the
the expectation all along through the fiscal cliff negotiations, whatever would pass the house would do so with democratic and republican support. ultimately up to the speaker whether he wants to put it on the floor. >> and the house reconvenes at noon eastern time. a lot going on. watching that all day. thank you very much. >>> let's talk to someone who if the house takes it up, will vote on a fiscal cliff deal previously said he was against letting any bush era tax cuts expire....
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just hours until the fiscal cliff deadline, house republicans have pulled a plug. this, after both senate and white house made it clear a deal was very close. >> president obama told supporters this afternoon that there has been progress in avoiding a hike in middle class tax autos preventing that tax hike has been my top priority. >> the president said the deal being worked outwqjx between the senate republican leader mcconnell and vice president will extend current tax rates for households making up to $450,000 per year, increasing estate tax rate from 35% to 40%, and extend unemployment benefits one year. sticking spoint how long to push off massive mandatory spending cuts to the pentagon and domestic program goesing into affect in the new year, democrats want a one year extension, republicans insifrting on sooner. the president issued this warning about cuts only strategy. >> if they think that is going to be the form larks they've got another thing coming. it's not how goitsing to work. >> republicans bristledíróqj2lt remarks. >> it was dismissive and insul
just hours until the fiscal cliff deadline, house republicans have pulled a plug. this, after both senate and white house made it clear a deal was very close. >> president obama told supporters this afternoon that there has been progress in avoiding a hike in middle class tax autos preventing that tax hike has been my top priority. >> the president said the deal being worked outwqjx between the senate republican leader mcconnell and vice president will extend current tax rates for...
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cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what happens here in washington, is that nothing really happens until they're really up against the deadline. that's why i'm also told by some democrats who really know what the process is going to be, if there is one, that they don't even see this potentially happening, if there is any kind of legislation that goes before december 31st, until probably that day, december 31st, because the pressure will have to be on to get enough republicans in the house and the senate, to pass this. >> right up to the edge. thank you, dana. thank you, jessica. now, right now, the most likely deal on the table see
cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that...
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to try to cobble together something on the house side to avoid the fiscal cliff. we are also seeing on the house floor there these are republicans, some democrats as well, but a lot of fiery rhetoric, a lot of really pointed opinions about where how to avoid the fiscal cliff, what needs to happen, regarding taxes, regarding spending cuts, all kinds of things. but clearly this is their moment, each one of them getting a minute to talk about what they believe we should be doing to avoid the fiscal cliff. i want to listen in. >> congress must regain its full power acored under the constitution, article i, second 8, to coin, create money, invest in our nation, interest free. to put america back to work. why go into debt? borrowing money from china, japan, south korea, when we have the constitutional authority to protect our economic sovereignty and to assure america's long-term fiscal health. increasing taxes and cutting spending will not work because the debt keeps ballooning with compounded interest. it's time for a new policy. reforms outlined in the hr 2990. let's
to try to cobble together something on the house side to avoid the fiscal cliff. we are also seeing on the house floor there these are republicans, some democrats as well, but a lot of fiery rhetoric, a lot of really pointed opinions about where how to avoid the fiscal cliff, what needs to happen, regarding taxes, regarding spending cuts, all kinds of things. but clearly this is their moment, each one of them getting a minute to talk about what they believe we should be doing to avoid the...
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the house for now is expected to vote later today or even tomorrow on the fiscal cliff legislation. the senate passed it overwhelmingly in the early hours of the new year with a push from the vice president. for now we go to nbc's kristen welker who is marking the new year at the white house. good morning and happy new year. >> reporter: happy new year to you, mara. >> what do we know about the president's reaction to this legislation and the senate's vote? >> well, the president, officials here at the white house are feeling confident about the fact that the vote passed the senate with 89 votes. that means it passed with broad, bipartisan support. that sort of helps to put pressure on members of the house to get this legislation through. this is not a bill that just passed with democrats. this is a bill that had 89 votes so, certainly, house speaker john boehner can make the case when he talks to his caucus a little late other than today that, look, this did get a number of votes within both parties. of course this is not a done deal until everything is signed, sealed, and delivere
the house for now is expected to vote later today or even tomorrow on the fiscal cliff legislation. the senate passed it overwhelmingly in the early hours of the new year with a push from the vice president. for now we go to nbc's kristen welker who is marking the new year at the white house. good morning and happy new year. >> reporter: happy new year to you, mara. >> what do we know about the president's reaction to this legislation and the senate's vote? >> well, the...
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i think there have been maybe a few conversations at the staff level about the fiscal cliff, but the reality is, thomas, the negotiations have largely stalled. you remember president obama on friday urging lawmakers to take this time off to really cool off, come back later this week with a appreciate perspective. i think you're going to see the hard work, the real negotiations resume when lawmakers go back into session after the christmas holiday. now, last week it seemed as though president obama, house speaker john boehner were close to getting some sort of a grand bargain that would have addressed tax reform as well as deficit reduction. those talks, of course, fell apart. house speaker john boehner tried to get an alternative plan through the house. that didn't work out. now the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go
i think there have been maybe a few conversations at the staff level about the fiscal cliff, but the reality is, thomas, the negotiations have largely stalled. you remember president obama on friday urging lawmakers to take this time off to really cool off, come back later this week with a appreciate perspective. i think you're going to see the hard work, the real negotiations resume when lawmakers go back into session after the christmas holiday. now, last week it seemed as though president...
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gerri: earlier tonight on gerriwillis.com, we asked you if the white house fiscal cliff meeting between obama and congressional leaders, if it was a polical stunt or real negotiation. here is how you voted 96% said a political stun
gerri: earlier tonight on gerriwillis.com, we asked you if the white house fiscal cliff meeting between obama and congressional leaders, if it was a polical stunt or real negotiation. here is how you voted 96% said a political stun
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the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington. a lovely time, isn't it? right now it appears clear if there's conversation going on it is not happening between the primary players but perhaps between their surrogates, senior staff and others, between those on the hill and here at the white house right now but senior white house -- senior administration official told me a short time ago that there is no proposal being sent up to the hill today. harry reid, the senate majority leader, also denied that any such thing was taking place today. both of those denials do also come against the backdrop of the fact both sides acknowledged this is not somethin
the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. joining me now from d.c. nbc news white house correspondent peter alexander. peter, there was word the last hour that the president may have sent some sort of deal. the white house then turning around saying that's not true at all. where was the confusion? >> reporter: well, you hear the frosty statements back and forth as you just indicated there, craig. ah, the holidays in washington. a...
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fiscal cliff with republican leaders john boehner and mitch mcconnell and democratic leaders harry reid and nancy pelosi. returning to capitol hill mitch mcconnell went to the senate floor saying he is optimistic there can be a deal. he believes it can come by sunday afternoon, and at that point he would go back to the president with whatever it is he and reid are agreeing to. he said's optimistic that the next 24 hours are critical. however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recessi
fiscal cliff with republican leaders john boehner and mitch mcconnell and democratic leaders harry reid and nancy pelosi. returning to capitol hill mitch mcconnell went to the senate floor saying he is optimistic there can be a deal. he believes it can come by sunday afternoon, and at that point he would go back to the president with whatever it is he and reid are agreeing to. he said's optimistic that the next 24 hours are critical. however, tennessee senator bob cochran says even if a deal...
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adam: to avert a fiscal cliff we have to go over tte fiscal cliff. the question is if the senate passes the deal and i that the house will pass the deal. we received a statement from the speaker of the house, john boehner. i want to read this for you word for word coming from leadership on the senate agreement. the house will honor its commitment to sue the senate agreement if it is passed. decisions about whether the house will seek to except a measure will be made when house members and the american people of babel to review the legislation. we have been talking about the legislation but with rich edson standing by live once again to explain to us what is at stake and what is to be considered. rich: good evening, adam. the number of different items in state tuition ongoing as to when exactly the senate will pass up. see how much this thing cost, say they have enough votes to get this through although joe biden says he is confident, feels pretty good this vote will end up his way. the deal he negotiate with mitch mcconnell and basically preserves cu
adam: to avert a fiscal cliff we have to go over tte fiscal cliff. the question is if the senate passes the deal and i that the house will pass the deal. we received a statement from the speaker of the house, john boehner. i want to read this for you word for word coming from leadership on the senate agreement. the house will honor its commitment to sue the senate agreement if it is passed. decisions about whether the house will seek to except a measure will be made when house members and the...
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it could be part any of fiscal cliff biel. it's being held up by republicans in the house upon are they concerned that they'll be seen as the amt party? >> this is crazy. we renewed the foreign bill every five years and there'sa i lot of back and forth on this. that i can get this done. let me go back to something, craig, that we talked about a minute ago. the republicans have backed themselves into a corner where now they'll only bring something up if they had 218 votes on their own side and that means they won't negotiate on the democrats and they will have to produce votes on both sides of the aisle and that is very hard to do and when i was in congress during the '90s we had very interesting bipartisan votes and we had two resolutions authorizing the use of troops in iraq and one with bush xli and the other with bush xliii and we passed nafta on the bipartisan basis and trade relations with china on a bipartisan basis, and i'm sorry, i can't accept this business about how the economy is so terrible and we have to act bipar
it could be part any of fiscal cliff biel. it's being held up by republicans in the house upon are they concerned that they'll be seen as the amt party? >> this is crazy. we renewed the foreign bill every five years and there'sa i lot of back and forth on this. that i can get this done. let me go back to something, craig, that we talked about a minute ago. the republicans have backed themselves into a corner where now they'll only bring something up if they had 218 votes on their own side...
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Dec 29, 2012
12/12
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first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a cliff compromise, something that the house and the president has failed to do so is far. the president has tasked senator majority leader harry reed. >> i have asked senator reed to do it, put a by on the floor to make sure that taxes on middle class families do not go up. and unemployment insurance is still available for two million people and lays the groundwork for economic growth and deficit reduction. >> everything that has been happening in the last several hours has been happening behind the scenes. we have correspondents tracking everything for you. we have luke, luke, i will start with you this hour. the senate officially reconvenes tomorrow afternoon. i assume that there's a lot of closed door talks going on right now. is that true? what can you tell us? >> reporter: that is true, staff from harry reed and mitch mcconnell have been negotiating through t
first, fiscal cliff talks. countdown clock tot screen. the senate is shouldering most of the weight of that deadline. senate leaders working behind closed doors to come up with a cliff compromise, something that the house and the president has failed to do so is far. the president has tasked senator majority leader harry reed. >> i have asked senator reed to do it, put a by on the floor to make sure that taxes on middle class families do not go up. and unemployment insurance is still...
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Dec 29, 2012
12/12
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negotiate and. >> kelly. >> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to acquiesce, we will have some tax hikes, i think probably 750,000 and above i think that's the number, but what republicans are holding back the debt ceiling debate and cutti cutti cutting entitlement programs and they're going to use that later in the year. >> kelly: mark, the final word. >> if angela's prediction sort of come through-- and i hope it does, the republicans and senate negotiate, and republicans and congress will be responsible for the largest tax increst on all americans in modern american history and that would be unfortunate and soon talk about obama tax cuts when we talk about the middle class america. >> ke
negotiate and. >> kelly. >> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to...
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Jan 1, 2013
01/13
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. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also gave us a very thoughtful and detailed explanation of what's gone on, and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly, so frank in his conversation with us in explaining as much as he could about what's transpired over the last several weeks. we now are waiting to hear from our republican colleagues, whether or not they want to do what the senate did in a very bipartisan fashion and give the men people an opportunity to
. >>> breaking news, house republicans have just wrapped up a meeting to discuss the fiscal cliff deal worked out by vice president joe biden and senate m minority leader mitch mcconnell. the deal which passed overnight will see income taxes rise on individuals making over $450,000 a year, and families making over $550,000 a year. let's listen in now as house democrats speak. >> caucus meeting which -- in which the vice president not only roused the entire membership, but also...
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Jan 1, 2013
01/13
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the senate making a vote on the fiscal cliff deal. the house still has to vote on that so we are continuing to watch that. that just rolled right in with the new year. good morning. i'm sarah simmons. >> i'm wisdom martin. welcome to fox 5 morning news. time now to talk to tucker barnes about our weather. >> good morning to you. >> i want to hear her about love versus lust with you, wisdom. >> it is a long and winding tale. we don't have enough time in the morning to talk about all that. >> we got five hours. let's get to the maps. we've got clouds out there to start your day. it will be an okay day. we'll have a lot of clouds around today just like yesterday. we'll get back in the upper 30s and low 40s for daytime highs. a lot of this is not getting a chance to touch the ground although it is trying. we have a cold front off to the north and west and that will be moving through during the course of the day. it will give us a very chilly air mass here for the mid. week t could kick off a flurry or maybe a sprink follow parts of the ar
the senate making a vote on the fiscal cliff deal. the house still has to vote on that so we are continuing to watch that. that just rolled right in with the new year. good morning. i'm sarah simmons. >> i'm wisdom martin. welcome to fox 5 morning news. time now to talk to tucker barnes about our weather. >> good morning to you. >> i want to hear her about love versus lust with you, wisdom. >> it is a long and winding tale. we don't have enough time in the morning to...
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Dec 30, 2012
12/12
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CNNW
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yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a t
yes i'm talking about the fiscal cliff. hello, good to be with you. we are just two days now remaining that is, until the countdown clock and the pressure is mounting on lawmakers to get a deal done. both houses of congress are back in session this sunday ready to vote on a plan that senate leaders are trying to hammer out right now. if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's...
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Dec 31, 2012
12/12
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. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us
. >>> meantime, the fiscal cliff stand-off in washington continues. at this late hour the senate and house of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious...
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Dec 31, 2012
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where is the house republican conference now in their mentality on making a deal on the fiscal cliff, and is there reason for optimism if something does get produced from the senate sometime today? >> you know, i think there is reason for optimism, first of all, because, chris, you have to remember, we actually passed as part of our budget in the spring an alternative to this possess. we did another such bill in august, and then before we left prayer to plan b, we passed a third bill, so we're glad to see the senate move, and when they do, we'll have something to sink our teeth into. we might not necessarily accept it as-is. there will be some amending, i suppose, lots of debate, but i think that the house is ready to act. the difference between a senate proposal now and plan b last week is that this time we will not need to pass it only on republican votes. we'll have democrats who will be moving forward, and so i think you'll get a vote. >> let me follow-up on that, because i think it's an important point. john boehner's speakership took a hit. you can debate how big or how small. h
where is the house republican conference now in their mentality on making a deal on the fiscal cliff, and is there reason for optimism if something does get produced from the senate sometime today? >> you know, i think there is reason for optimism, first of all, because, chris, you have to remember, we actually passed as part of our budget in the spring an alternative to this possess. we did another such bill in august, and then before we left prayer to plan b, we passed a third bill, so...
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Dec 28, 2012
12/12
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the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democra
the "fiscal cliff." president obama is supposed to meet with congressional leaders tomorrow. cbs reporter danielle nottingham is in washington and danielle, how's it looking? >> reporter: well, elizabeth, there was not a lot of optimism on capitol hill today. both senate leaders admitting that congress is facing a hard deadline while at the same time, blaming each other for not having a deal in place by now. president obama cut short his holiday vacation and returned to the...
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Dec 31, 2012
12/12
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reporters on the latest fiscal cliff negotiations. you'll hear from house democratic caucus chairman john larson, his soon to be successor, javier bassera and incoming caucus chair joe crowley. >> good evening. in keeping with the holiday spirit, happy or merry everything and happy always. would it be that we could make the american people happy by attending to the work at hand. we just concluded a caucus and our membership is as frustrated as the american people we're sworn to serve because we understand and continue to be befuddled why we can't bring up proposals that put the country back to work, why we can't deal with the tax cut for the middle class, especially when both sides agree that the country needs to go back to work and that we need middle tax tax relief. now the president said it well both on friday and today. if we can't, if they can't come to agreement within their own conference, if they continue to self-destruct before our eyes in their own conference, then minimally they have a responsibility as the president sugges
reporters on the latest fiscal cliff negotiations. you'll hear from house democratic caucus chairman john larson, his soon to be successor, javier bassera and incoming caucus chair joe crowley. >> good evening. in keeping with the holiday spirit, happy or merry everything and happy always. would it be that we could make the american people happy by attending to the work at hand. we just concluded a caucus and our membership is as frustrated as the american people we're sworn to serve...
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Dec 27, 2012
12/12
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the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> well, adam i hope he is not right. at this point president obama indicated he is going to call and talk to our leader, mitch mcconnell, senator mcconnell and make a proposal. we're very interested to see what that proposal is. we put revenues on the table. there needs to be some savings. and i believe we can get a deal so let's go. adam: what will the do look like? the president at one point actually upped what he was willing to tax. he wants taxes. originally saying on incomes of 2
the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very...
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Jan 1, 2013
01/13
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the house of representatives is reconvening to consider the fiscal cliff deal. overwhelmingly approved by the senate in the wee hours of this new year. republicans meet at 1:00. the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert who is on the hill and where things stand. first, let's listen into the start of this session. >> the speakers are in washington d.c., january 1, 2013. i hereby hereby appoint the honorable robert j. dole to act as speaker in temporary on this day, signed john a. boehner, speaker of the house of representatives. >> the prayer will be offered by our chaplain father conroy. >> let us pray. eternal god,
the house of representatives is reconvening to consider the fiscal cliff deal. overwhelmingly approved by the senate in the wee hours of this new year. republicans meet at 1:00. the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will...
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Dec 29, 2012
12/12
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serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the
serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that...
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in order to avert the fiscal cliff and particularly sequestration an in august they pass a tax bill. the senate on bu the bills, nothing. the same said he could not give us a subject. gerri: what to bring this up. the president at a press conference really sort of insulting republicans, hoping to come to agreement. listen to the president. >> my preference woul have been to solve all these problems in the context of a larger agreement, a bgger deal, a grand bargain, whenever you want to call it. with this congress, that was obviously a little too much to hope for at this time. maybe we can do it in stages. we're going to solve this problem instead in several steps . gerri: he could have been a little more conciliatory. >> i guess what i would say is, i would agree with him. i wish we did have a grand bargain. even brad he just will the when the democrats said we needed a grand bargain. certainly paul ryan and i don't know if you remember, he voted against it. plenty of blame to go around. add up think it makes sense to go after just the president. i think this is a failure of our lea
in order to avert the fiscal cliff and particularly sequestration an in august they pass a tax bill. the senate on bu the bills, nothing. the same said he could not give us a subject. gerri: what to bring this up. the president at a press conference really sort of insulting republicans, hoping to come to agreement. listen to the president. >> my preference woul have been to solve all these problems in the context of a larger agreement, a bgger deal, a grand bargain, whenever you want to...
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Dec 31, 2012
12/12
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they're not the fiscal cliff deal. and then they walk off the house floor between 6 and 6:30 p.m. now, this is an acknowledgment that they haven't gotten any type of deal for the senate. the senate is very much the first the act here, so we're still waiting on a deal between the white house and republican leaders. then the senate would vote, and it would go over to the house. this is somewhat of an acknowledgment that there has been no action from the senate yet, and it's not on the calendar tonight, and very likely we are going to go past that midnight deadline without having a deal pass the house and the senate and go to the president's desk for signature. but still everyone in the house is waiting on folks in the senate to act, and it's all stuck by these spending cuts that the white house and senate republicans continue to argue about. but it appears as though at this point we're going to make it past midnight and probably won't have something past both houses of congress meaning technically, we will likely head over that fiscal cliff. liz: do you need us to order o you pizza,
they're not the fiscal cliff deal. and then they walk off the house floor between 6 and 6:30 p.m. now, this is an acknowledgment that they haven't gotten any type of deal for the senate. the senate is very much the first the act here, so we're still waiting on a deal between the white house and republican leaders. then the senate would vote, and it would go over to the house. this is somewhat of an acknowledgment that there has been no action from the senate yet, and it's not on the calendar...
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Jan 1, 2013
01/13
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as i have said to you from day one, democrats want the fiscal cliff. howard dean said on your program, it is the best deal that they are going to get. the republicans would never go along with and they are going to get tax raises on rich people. and when we go off the physical cliff congress goes back into session. republicans are blamed for the bad economy and roger is right. the three programs, social security and medicare and medicaid have been untouched. roger, the reason i give this one cheer out of three cheers, i think he is right. the democrats are salivating to demonize and this deal is the best they are going to get. >> in this one, some people say, that the real hidden agenda is to break the pledge on tax cuts and break the republican party in two. do you agree with that? >> if we break the party is done. >> and you heard what the great roger stone said. is mr. obama in it to break the party or the gop? >> as a democrat, i wish that, but the reality is he is far more liberal than they think he s he wants the deal. regardless of what howard d
as i have said to you from day one, democrats want the fiscal cliff. howard dean said on your program, it is the best deal that they are going to get. the republicans would never go along with and they are going to get tax raises on rich people. and when we go off the physical cliff congress goes back into session. republicans are blamed for the bad economy and roger is right. the three programs, social security and medicare and medicaid have been untouched. roger, the reason i give this one...